# Subsea 7 acquires majority stake in Nautilus Floating Solutions

Subsea 7 has entered into an agreement to acquire a 59.12% controlling interest in Nautilus Floating Solutions S.L., a developer of floating wind technology based in Bilbao, Spain.

- Type: Acquisition
- Announced: 2021-08-04
- Where: Bilbao, Spain, Spain
- Status: announced
- Products: floating wind foundation technology
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Subsea 7](https://endata.com/companies/1132.md) (acquirer)
- [TECNALIA](https://endata.com/companies/15235.md) (partner)
- [Nautilus Floating Solutions S.L.](https://endata.com/companies/56894.md) (target)
- [Vicinay](https://endata.com/companies/56895.md) (partner)

## Sources

- [rigzone.com](https://www.rigzone.com/news/subsea_7_makes_floating_wind_acquisition-04-aug-2021-166100-article/), 2021-08-04: "Subsea 7 has announced that it has entered into an agreement to acquire a majority interest in the equity of Nautilus Floating Solutions S.L., a developer of technology for the floating wind market based in Bilbao, Spain."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.